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Re: Crusen post# 17720

Thursday, 07/16/2015 10:52:44 PM

Thursday, July 16, 2015 10:52:44 PM

Post# of 18419
First of all you spread untruths

1.FXCM has not provided an update on payment since the earnings call on May 11th – at that time they disclosed that $81.6 million of the Leucadia loan had been repaid.

2.the company’s strategy and main focus is to 1. Targeting significant reduction in debt through non-core asset sales and cash generated through operations

3.accelerating the growth of core business through a number of FX and CFD initiatives

4.FXCM has worked to repay the Leucadia loan and reestablish the strong competitive position it will take some time to overcome.
the efforts have already yielded significant results.

5.Through May 11, 2015, They made Leucadia loan repayments of $81.6 Million

6.The core trading operations have returned to robust levels.

7.On April 1, 2015, they completed the sale of FXCMJ to Rakuten Securities, Inc. for $62 Million

8.On May 28, 2015 announced that FXCM signed a definitive agreement to sell FXCM Hong Kong for approximately $36 million and expect the transaction to close in Q3 of this year subject to regulatory approval.

9 FXCM will complete several more dispositions of non-core assets in the upcoming quarters to further reduce the debt with Leucadia

10.CitiFX Pro clients were only transferred to FXCM on Friday June 26th and therefore were not on the fillings for 2 trading days means metrics will increase again for the next month.

11. Metrics figures were up 43% compared to last year.(without CitiFX Clients).

FXCM should not be focused on the short-term movements in the stock price and I can assure you that they focused on the company’s strategy link for you http://ir.fxcm.com/
They have done significant process and still working hard

It is true that the price per share not reflect what has been done since January . The big investors will always need a bit more time to realize that the music runs here.

when the dept is payed the turnaround will come very hard. As you know can go up very quickly to over 1.50 strike level





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